The quotes of XAU/USD continue to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, the price of Gold is 2436 Dollars per Troy Ounce. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and potential continued growth from current levels. At the moment, we can expect an attempt to develop a bearish correction and a test of the support level near the 2405 area. From where we can expect a rebound…
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forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
The quotes of XAG/USD continue to move as part of the development of the correction and bullish channel. At the time of publication of the forecast, prices for Silver are 31.67. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of price growth from current levels. At the moment, we should expect an attempt to develop a decline in the value of the metal and a test of the support level near the 30.60 area. Where can we expect an upward rebound and…
The quotes of the currency pair NZD/USD continue to move as part of the development of growth and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6128. At the moment, we should expect an attempt to develop…
The USD/CHF currency pair continues to move within the correction and bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9088. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of growth in the value of the asset from current levels. At the moment, we should expect an attempt to develop a rise in the US Dollar against the Swiss Franc and a test of the resistance area near…
BTC/USD quotes are trading at 66944 and continue to move as part of the growth and the beginning of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of Digital Gold and a potential continuation of growth in the value of the asset from current levels. As part of the cryptocurrency rate forecast for tomorrow, May 21, 2024, we should expect an attempt to develop a fall in the value of the digital asset and a test of…
ETH/USD are trading at 3103 and continue to move as part of the development of growth and have left the limits of the “Triangle” model. Moving averages indicate a short-term bearish trend for Ether. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from current levels. At the moment, we can expect an attempt to develop a decline in the value of the coin and a test of the support level near the 3025 area. From where we can again expect…
The Euro/Dollar currency pair EUR/USD ends the trading week with growth near the 1.0840 area. Moving averages indicate a bearish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a likely continuation of growth from current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop the quotes of the EUR/USD pair and a test of the resistance area near the level of 1.0935. Where is the expected rebound downward and continued fall of…
BRENT oil quotes end the trading week near the area of 83.42 dollars per barrel. There is still potential for the formation of a Double Bottom reversal pattern. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from commodity sellers and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a fall and test the support area near the level of 81.25. Then, it is worth considering a rebound upward and continued growth of oil to the area above…
The Pound/Dollar GBP/USD currency pair ends the trading week as part of growth development near the level of 1.2653. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the growth of the British Pound against the US Dollar from current levels. At this point, we should expect an attempt to develop a rise and test the resistance area near the level of 1.2775. Next, a rebound downwards and a continuation of the fall of Pound/Dollar quotes to the area below the level…
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6651 area. The pair continues to move as part of the development of the correction and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continued growth in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 0.6685. Then, a rebound and…